Uganda Telecom

Uganda Telecom
Private
Industry Telecommunications
Founded 2000[1]
Headquarters Kampala, Uganda
Key people
 Stephen Kaboyo
Chairman
Mark Shoebridge
Managing Director[2]
Services
Website Homepage

Uganda Telecom, whose full legal name is Uganda Telecom Limited (UTL), is an information and communication technology network company in Uganda.

History

Following the Ugandan Parliament's passage of the Communications Act in 1997, the Ugandan parastatal Uganda Posts and Telecommunications Company Limited (UPTCL) was divided into four entities:

In June 2000, UTL was privatized when the government divested 51 percent of its shares to Ucom, a consortium formed by Detecon of Germany, Telecel International of Switzerland, and Orascom Telecom Holding of Egypt. The Ugandan government retained 49 percent ownership in UTL.[3]

Scope of service

UTL is a leading total communications provider with a broad range of services in Uganda, including:

In February 2009, UTL launched a USSD-based mobile wallet service called "M-SENTE", using software purchased from Redknee Solutions Inc., a Canadian information technology company. In September 2009, UTL became the first Ugandan provider to introduce the solar powered hand-held mobile phone, locally called "Kasana".[4] In July 2011, UTL estimated their own market share of the Ugandan telecommunication industry at about 10 percent.[5]

Seizure and release of assets

In March 2011, the Ugandan government seized Lap Green’s 69 percent shareholding in UTL as part of sanctions against the regime of Muammar Gaddafi.[6] After the end of the Libyan civil war in May 2012, the shareholding was returned to Lap Green,[7] ending a period of considerable uncertainty for the carrier. Since then, UTL has undergone a major restructuring to revive its fortunes.[8][9]

Ownership

As of July 2011, UTL was a joint venture between LAP Green of Libya, which owned 69 percent of the company, and the Ugandan government, which owned the remaining 31 percent.[10]

Leadership structure

Stephen Kaboyo has been the chairman of the board of directors since early 2014. The acting managing director is Mark Shoenridge, who was appointed 21 May 2015. He resigned in July 2015, but was re-appointed effective 8 February 2016.[11] The chief finance officer is John Sendikaddiwa. The chief legal cousel is David Nambale. The acting chief commercial officer is Ameer Kamal Arif. The acting chief human resources & administration officer is Anne Kamuli-Mwesigwa. The chief fixed services officer position is vacant.[2]

See also

References

  1. ↑ Alfred Wasike, and Emmy Olaki (21 June 2006). "Mpore Quits UTL". New Vision. Retrieved 30 June 2014.
  2. 1 2 Muhumuza, Mark Keith (25 May 2015). "UTL Appoints New Managing Director". Daily Monitor (Kampala). Retrieved 25 May 2015.
  3. ↑ Odeu, Steven (20 August 2001). "Uganda: UTL Clarifies Orascom Telecom Sale Of 80% Stake". New Vision via AllAfrica.com. Retrieved 30 June 2014.
  4. ↑ Mugabe, David (7 September 2009). "UTL Launches Solar-Powered Phone". New Vision. Retrieved 30 June 2014.
  5. ↑ Mugabe, David (18 July 2011). "UTL Projects 30% Growth, Here To Stay". New Vision. Retrieved 30 June 2014.
  6. ↑ Mugabe, David (29 March 2011). "Uganda Seizes Libya Shares In UTL". New Vision. Retrieved 30 June 2014.
  7. ↑ IHS, . (25 May 2012). "Ugandan Government Reinstates LAP Green Networks' Stake In UTL". IHS.com. Retrieved 30 June 2014.
  8. ↑ Angumya, Edgar (14 May 2013). "UTL In Turnaround Restructuring".
  9. ↑ Mwesigwa, Alon (25 June 2014). "UTL Out To Boost Subscriber Numbers". Retrieved 30 June 2014.
  10. ↑ Reuters, . (24 May 2012). "Ugandan Government Returns Telecom Stake To Libyan Firm". © Thomson Reuters. Retrieved 30 June 2014.
  11. ↑ Semakula, Othman (29 January 2016). "UTL MD returns after resigning two months into same job". Daily Monitor. Kampala. Retrieved 29 January 2016.

External links

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